Tag: banking

Japan's core consumer prices fell for the first time in more than three years in April on an annual basis, as weak oil prices and coronavirus lockdown measures heightened deflation risks. The April ... ( read original story ...)

SoftBank Group Corp. said it will raise about 310.2 billion yen ($2.9 billion) by selling a 5% stake in its Japanese wireless subsidiary this month, the latest in a series of asset divestitures ... ( read original story ...)

Japan's central bank will create its own version of the U.S. Federal Reserve's "Main Street" lending programme to channel more money to small businesses, in a bid to keep the coronavirus pandemic from ... ( read original story ...)

It’s everyone’s dream to get paid to do nothing. Bitcoin miner Layer1 is turning that dream into reality — having figured out how to make money even when its machines are turned off. ( read original story ...)

Vlad Matveev has learnt the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted ... ( read original story ...)

Vlad Matveev saw nearly 99% of his investment wiped out after the market meltdown forced Cryptolab Capital to shut its doors. ( read original story ...)

Fiat-backed stablecoins often find themselves in an impossible position because the lack of bank cooperation means that they cannot have the transparency that regulators and investors rightly demand. ( read original story ...)

SoftBank floated the mobile arm, Japan's third-largest telecoms carrier, in late 2018 in a blockbuster IPO that raised about $20 billion. It recently pledged another chunk of the mobile unit's ... ( read original story ...)

Japan's Nikkei share average snapped a four-day winning streak on Thursday, as investors were reluctant to chase markets after the benchmark hit a 2-1/2-month high, raising concerns that stocks were ... ( read original story ...)

SoftBank Corp. and Mapbox, the mapping data company that competes with Google and Here, announced that they have established a joint venture called Mapbox Japan. The JV will provide Mapbox’s mapping ... ( read original story ...)

Japan's Nikkei share average was little changed by midday on Thursday after profit-taking pulled shares down from the 2-1/2-month high hit earlier in the session. ( read original story ...)

Vlad Matveev has learnt the hard way how volatile cryptocurrency hedge funds can be. The 50-year-old Muscovite invested $250,000 last year with California-based Cryptolab Capital, which targeted ... ( read original story ...)

Asian markets were little changed in early trading Thursday, after Wall Street bounced back and Japan reported miserable exports data. ( read original story ...)

Japan's exports fell the most since the 2009 global financial crisis in April as the coronavirus pandemic slammed world demand for cars, industrial materials and other goods, likely pushing the ... ( read original story ...)

Japan's exports fell 21.9% in April from a year earlier, Ministry of Finance (MOF) data showed on Thursday, in a sign the coronavirus pandemic is taking a heavy toll on the country's export-reliant ... ( read original story ...)

Recession-hit Japan's exports plunged nearly 22% in April, the country's worst drop in more than a decade as the coronavirus pandemic slammed global demand. The Finance Ministry also said Thursday ... ( read original story ...)